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Amir Ahdoot Purchases Multifamily Property At 1685 Jefferson Avenue From Scott Fitzgerald For $4.23M

Property Image
SOLD
$4,226,000

Florida

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MultiFamily7,500 SF
Sold 05/29/2025
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Property Image
SOLD

Amir Ahdoot Purchases Multifamily Property At 1685 Jefferson Avenue From Scott Fitzgerald For $4.23M

1685 Jefferson Avenue

See Similar Deals
MultiFamily7,500 SF
Sold 05/29/2025
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$563
Total Square Footage:7,500 SF
Transaction Type:Sale

The property located at 1685 Jefferson Avenue in Miami Beach is a multifamily asset encompassing a total square footage of 7,500. The sale was finalized on May 29, 2025, with a transaction amount of $4,226,000, which equates to a price per square foot of $563.

Summary of transaction details:

The individuals involved in this transaction include Amir Ahdoot as the buyer and Scott Fitzgerald as the seller. The brokerage team comprises Tony Saladrigas and Carlos Fausto Miranda, who are representatives from Fausto Commercial Realty Consultants, along with Irena Taneva from Sotheby's International Realty, who also played a significant role in the deal.

Players

Carlos Fausto Miranda
54 deals$239.3M volume(305) 431-2258
BROKER

Irena Taneva
Sotheby's International Realty
2 deals$10.2M volume
BROKER

Tony Saladrigas
Fausto Commercial Realty Consultants
3 deals$5.2M volume(786) 378-1850
BROKER

Fausto Commercial Realty Consultants
BROKERAGE

Details

SOLD
IMAGE: Tony Saladrigas, Carlos Fausto Miranda & Irena Taneva DATE: 5/29/2025 ADDRESS: 1685 Jefferson Avenue MARKET: Miami Beach ASSET TYPE: Multifamily BUYER: Amir Ahdoot SELLER: Scott Fitzgerald BROKERS: Tony Saladrigas (@Retailspecialt), Carlos Fausto Miranda - Fausto Commercial Realty Consultants (@Fausto Commercial); Irena Taneva (@IrenaTanevarealty) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $4,226,000 SF: 7,500 ~ PPSF: $563

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,014.08
Cash-on-Cash Return-1.27%
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